Our Bloggers
Denver & Suburbs
Larry Hotz - Selling homes since 1978, Former Managing Broker and Senior Faculty Member Colorado Association of Realtors
Littleton & SW
Dennis Martin - Another Dad/Daughter Real Estate Team sells homes throughout Denver's Southwest Suburbs. Dennis also managed a real estate company and sold homes for over 30 years.
Erie, Niwot & Northwest
Paula King - a Certified Residential Specialist helping folks in Denver's north suburbsWest Denver
Melody Rivera - and Rivera Team sell homes in Highlands, Lakewood, Westminister. She is also President of The Denver Board of Realtors
John Ludwig - Lo-Do, Business District, City Park and more offer homes for "urban at heart".
Longmont & North
John Callis - Broker since 1982 in Denver's northern suburbs. Lives in Boulder.
First Time Homes
Elizabeth Hotz
- Purdue grad and broker since 2005, Liz has lived in both the City and Suburbs. She know the best places for first-time buyers.Aurora Co Suburbs
Maureen Moore
- Lives here and loves South Aurora, Maureen has been a Realtor here for 22 years.
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Evans Ridge Estate
by Larry Hotz, All Denver Real Estate
"Shock and awe….Amazing….The best home I’ve ever seen, period".
This mountain-style retreat has everything you could want in a 42,000 square foot home nestled on a 72 rolling acres with views of The Rocky Mountains. This magnificent home took seven years to complete the perfect getaway for an affluent family. Actually, it is reminiscent of an exclusive corporate retreat with its 9 bedrooms and baths, indoor pool, bowling alley, exercise center and much, much more.
Downtown Condo Prices
By Larry Hotz, All Denver Real Estate
"City Condo Prices: Sky’s The Limit".
That was the lead headline this morning in The Denver Post, Denver’s daily newspaper. Despite a softer market outside the downtown area, developers are raising prices on new condo projects downtown.
Dee Chirafisi of Kentwood City Properties is sometimes called "the Mayor" of Downtown Denver. She meets are greets about every third pedestrian as she meanders the sidewalks of Lo-Do. She is also the top selling Realtor in those parts of the city and a listing broker of the 51-story tower
2007 Sales Below $1m
by Larry Hotz, All Denver Real Estate
The Kentwood Company is well-known for being the market leader luxury real estate home sales over $1m (see post from January 29). But, sales of luxury homes below $1m were strong for the company as well.
The table below shows how The Kentwood Company compares to other firms in market share at the various price points above $500,000.
Penterra New Condominiums
By Larry Hotz, All Denver Real Estate
Penterra is our newest listing of luxury condominiums in the Denver Tech Center near Greenwood Village. There are over 80 fully completed units in this high rise building in the heart of the action. Prices range from $250,000 to $1.9 million.
The Kentwood Company and I are excited to be able offer affordable, truly luxurious condos in this great location. The Penterra Plaza includes an office tower, McCormick and Schmidt’s Seafood Restaurant, and other amenities within walking distance. Denver’s new light rail line is only a few blocks away.
Denver Luxury Home Sales 2007
By Larry Hotz, All Denver Real Estate
The Cherry Hills Village once again led the market in luxury home sales in 2007 in Greenwood Village, Kentwood Company and throughout southeast Denver and the south Erie. These statistics were released by John Fitzpatrick, Managing Broker of the Denver Tech Center office. The figures are based on sales of the entire firm for homes priced above $1 million.
KENTWOOD COMPANY MARKET SHARE
METRO AREA CLOSINGS EXCEEDING $1,000,000
SOURCE: 2007 Metrolist Residential and Condo Closed sales by Listing Company – South Suburban East including Highlands Ranch Village, Greenwood Village, Cherry Hills, South Suburban Central, Douglas suburbs, Denver Southeast, Denver Northeast, Douglas County West, Douglas Elbert/Parker, Downtown Denver. Does not include: Boulder, Broomfield, Evergreen, Centennial, Golden, Jefferson County, or New Home on-site marketing.
Kentwood Company Sold
Can history repeat itself? My firm, The Kentwood Company, is in processing of transitioning to new ownership. It was acquired by Bill Moore, former Partner in the firm and former President of The National Association of Realtors, and his son-in-law, Peter Niederman.
Fact is that Mr. Moore was a 50% partner in the elite firm in 1988 until 1998. Mr. Niederman was Chief Operating Officer of Moore and Company for many years before it was sold to NRT. It is now known as Coldwell Banker in the Denver area.
"We will not touch
Kentwood Company Market Share
SINGLE FAMILY RESIDENTIAL
KENTWOOD COMPANY 2006 MARKET SHARE
Sales of METRO AREA LISTINGS
HOMES EXCEEDING $1,000,000
Denver Southeast * South Suburban Central * Southeast Suburban * ERIE/Highlands Ranch
* Castle Pines Village * Pradera * I-25 Corridor Including Castle Pines North –
Surrey Ridge, Charter Oaks and Oak Hills
The Kentwood Company continues to lead in market share of luxury real estate sold throughout the south metro Denver area.
|
LISTING COMPANY |
# Listing Sides |
% |
# Listing Sides |
% |
# Listing Sides |
% |
# Listing Sides |
% |
|
$1M - $2M |
$2M - $3M |
$3M & ABOVE |
TOTAL |
|||||
|
KENTWOOD COMPANY |
90 |
24.2 |
21 |
31.8 |
10 |
32.3 |
121 |
25.8 |
|
Fuller Towne & Country |
64 |
17.2 |
16 |
24.2 |
8 |
25.8 |
88 |
18.8 |
|
Coldwell Banker |
51 |
13.7 |
10 |
15.2 |
7 |
22.6 |
68 |
14.5 |
|
Prestige |
19 |
5.1 |
1 |
1.5 |
2 |
6.5 |
22 |
5.0 |
|
Keller Williams Realty |
10 |
2.7 |
2 |
3.0 |
0 |
0 |
12 |
2.6 |
|
Prudential |
8 |
2.2 |
2 |
3.0 |
1 |
3.2 |
11 |
2.3 |
|
Perry&CO |
8 |
2.2 |
0 |
0 |
1 |
3.2 |
9 |
1.9 |
|
Distinctive Properties |
3 |
.8 |
0 |
0 |
0 |
0 |
3 |
.6 |
|
All Metro Brokers |
28 |
7.5 |
1 |
1.5 |
0 |
0 |
29 |
6.2 |
|
All Re/Max |
38 |
10.2 |
7 |
10.6 |
2 |
6.5 |
47 |
10.0 |
|
All Others |
53 |
14.2 |
6 |
9.1 |
0 |
0 |
59 |
12.6 |
|
Total |
372 |
66 |
31 |
469 |
SOURCE: Metro Denver Multi-List2006 Sold Reports
NOTE:EXCLUDED AREAS: BOULDER, BROOMFIELD,
EVERGREEN, Lone Tree, GOLDEN, JEFFERSON COUNTY
SOUTHWEST AND NEW HOME MARKETING (ON SITE)
Highlands Ranch Resembles California?
That is what people who are moving here, especially from southern California ask me all the time.
There are definitely some similarities. Highlands Ranch was developed by Mission Viejo as a large-scale planned community about 12 miles south of Denver. Coincidently, Mission Viejo is the very same company that developed the well-known community in Orange County, California.
Highlands Ranch spans over 22,000 acres and is home to more than 90,000 residents. This community boasts three full-service recreation centers that really do resemble private, athletic clubs as they offer a variety of exercise and recreational activities. Many folks moving here from California (and other areas as well) are certainly attracted to that kind of full-service facility conveniently included in your HOA fees.
There are miles of trails here too – perfect for nature walks, hiking, biking, and, in some areas, horseback riding. These trails lead into the neighboring wildlife sanctuary and nearby parks. Outdoors activities are very popular among the residents of Highlands Ranch – which is the reason the developers dedicated over 60% of the land to open spaces alone.
Another familiar feature are the California-style strip shopping centers located throughout the community. Popular chains, including Whole Foods, Panera Bread, Chipotle, are ubiquitous. Of course, there are 4 Starbucks in The Ranch as well!
Crime is low, public schools are excellent (better than most in California) and people are friendly. All features that add up to the fact that most Highlands Ranch residents are from out-of-state originally.
Mission Viejo – eat your heart out!
Kentwood Company Agents Sales
When you list your home with most Denver Realtors, just that one Realtor works to sell your home. Kentwood Company is different. Our Brokers average 21 years in the real estate business. Most of us remember the days when ‘old-fashioned’ brokerages would tour their own listings every week and encourage their Brokers to show and sell Company listngs first.
That is still the way it is at The Kentwood Company. We have the most productive agents in Denver according to the Denver Buisness Journal. Our agents still tour new listings every week. We still offer an incentive sell to Kentwood listings. So, we still work like a team. It may be old fashioned. But, it works for our sellers.
2006
AVERAGE VOLUME PER AGENT
BY COMPANY
FROM DENVER BUSINESS JOURNAL
|
The Kentwood Company |
$10.1M |
|
Fuller |
$7.5M |
|
Re/Max Classic |
$6.9M |
|
Re/Max Masters |
$6.2M |
|
Re/Max Professionals |
$5.0M |
|
Re/Max Cherry Creek |
$5.0M |
|
Re/Max Southeast |
$4.3M |
|
Re/Max Alliance |
$4.0M |
|
Prestige |
$2.9M |
|
Coldwell Banker |
$2.5M |
|
Keller Williams |
$2.1M |
|
Home Real Estate |
.9M |